Business Industry
India’s Union Cabinet has approved ₹1.28 lakh crore in fresh funding to expand the country’s semiconductor programme. The investment will support chip manufacturing, domestic designs, intellectual property development and research as India seeks to strengthen its electronics supply chain. India Expands Semiconductor Manufacturing Programme The additional funding will be
Business Industry
Chips produced at CG Semi’s semiconductor facility in Sanand, Gujarat, will be exported to Japan, the United States and Europe, Union Electronics and IT Minister Ashwini Vaishnaw said after Prime Minister Narendra Modi inaugurated the plant. CG Semi Sanand Chip Plant The CG Semi Outsourced Semiconductor Assembly and Test facility in Sanand marks another step […]
Business Industry
AI hiring in India’s IT sector continued to grow in June even as overall technology recruitment declined, showing a clear shift in demand towards specialised artificial intelligence roles. AI Hiring In India IT Sector Rises Hiring for artificial intelligence roles in India’s IT sector rose 16 percent year-on-year in June, according to Naukri’s monthly JobSpeak […]
Business Industry
India’s printed circuit board exports to China surged sharply in FY26, marking an unusual bright spot in a bilateral trade relationship that continues to be dominated by India’s large electronics imports from China. India PCB Exports To China Surge India exported $1.5 billion worth of printed circuit boards to China in FY26, a more than […]
Business Industry
India is preparing to reduce its dependence on imported printed circuit boards, with Union Electronics and IT Minister Ashwini Vaishnaw saying domestic PCB manufacturing could save nearly ₹40,000 crore in annual imports. Domestic PCB Manufacturing Push Vaishnaw said India is moving beyond electronics assembly and entering deeper manufacturing of key components. Printed
Industry
India is exploring steady supplies of Australian spodumene to support domestic ceramic glass production for induction cooktops, as the government looks to reduce dependence on Chinese imports amid a sharp rise in electric cooking appliance demand. India Eyes Australian Spodumene Supply Senior government officials said the Power Ministry has taken up the issue of
Industry
India has joined several major steel-exporting countries in raising concerns at the World Trade Organization over the United Kingdom’s proposed restrictions on tariff-free steel imports. India Challenges UK Steel Safeguards India has opposed the UK’s proposed safeguard measures on steel imports, warning that the move could affect market access for exporting countries. The
Business Industry
The textile industry has welcomed the Centre’s decision to restore full RoDTEP benefits, calling it a major relief for exporters facing pressure from weak global demand, higher logistics costs and uncertainty in overseas markets. The move reverses the earlier reduction in export incentives and is expected to improve competitiveness for textile units, especially in large
Industry
Laptop and desktop prices in India are expected to rise sharply this year as manufacturers face higher costs for memory, graphics components and some processors. Industry reports indicate that prices could increase by as much as 35% in some categories, while overall PC demand may weaken as buyers delay purchases. Laptop Prices In India May […]